Enforcement

Enforcement

Korean Regulators Draw Fire Over “Lenient” Penalties for Proxy Trading Breaches

By Mark Johnston | 22/10/2025

FSS data reveals 56 staff proxy trading cases worth billions of won, but zero criminal charges filed, prompting calls for reform.

Securities / Derivatives

SFC Chairman Vows Balanced Regulation Amid Governance, Digital Asset Risks

By Manesh Samtani | 22/10/2025

Chairman Kelvin Wong highlighted a focus on issuer quality and digital asset innovation while warning of rising financial scams.

Enforcement

FSS Korea Launches Major Probe Into Mis-selling, "Incomplete Sales"

By Mark Johnston | 21/10/2025

The FSS launched inspections are several prominent financial firms after a fund invested in Belgian property lost KRW 90 billion for investors.

AML / KYC

Philippine Business Groups Call for Reforms to Bank Secrecy Laws

By Editors | 21/10/2025

A coalition of six major business groups urged lawmakers to grant the BSP's examination powers to fight corruption.

Enforcement

Hong Kong SFC Fines UBS HK$8m for Investor Classification Failures

By Sanday Chongo Kabange | 21/10/2025

The penalty relates to a 12-year systems failure that led to securities lending and the sale of complex products to ineligible clients.

Crypto / Digital Assets

Australia Targets Financial Crime With New National Security Doctrine

By Nathan Lynch | 20/10/2025

Minister Tony Burke has unveiled a new security doctrine to combat ‘converged’ threats, including new measures to target crypto ATMs and money mules.

Enforcement

UK Proposes to Compensate Chinese Investment Fraud Victims

By Editors | 20/10/2025

Prosecutors are considering a scheme to repay 128,000 Chinese fraud victims, but the UK could still retain the funds under asset recovery laws.

Sanctions

Myanmar Scam Centres Rapidly Expanding Using Starlink - Report

By Editors | 20/10/2025

An investigation has revealed that industrial-scale scam centres in Myanmar are rapidly expanding and using Elon Musk's Starlink, prompting a US congressional probe

Sanctions

Cambodia’s Prince Bank Faces Bank Run Following US, UK Sanctions

By Manesh Samtani | 20/10/2025

A bank run has hit Cambodia’s Prince Bank and Thai authorities have launched a probe following massive US and UK sanctions against its parent group for alleged scam operations.